AgHost Livestock Close
USDA's announcement that their now testing ground beef for traces of avian influenza did not sit well with the cattle complex and ultimately led traders to dump both the live cattle and feeder cattle contracts lower by Tuesday's end. Hog prices closed higher on the Daily Direct Afternoon Hog Report, up $2.40 with a weighted average price of $92.03 on 6,186 head. July corn is down 2 1/2 cents per bushel and July soybean meal is down $2.40. The Dow Jones Industrial Average is down 570.17 points.
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